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Information on PM Kisan Samman Nidhi Yojana

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PM Kisan Samman Nidhi Yojana is a scheme launched by the Government of India in 2018 to provide financial assistance to farmers across the country. This scheme provides support of Rs. 6,000 per year to farmers in three equal instalments of Rs. 2,000 each. The objective of this scheme is to provide financial assistance to farmers to meet their expenses related to agriculture and allied activities, such as buying seeds, fertilizers, and other inputs.

The scheme was launched on February 24, 2019, by Prime Minister Narendra Modi in Gorakhpur, Uttar Pradesh. The government has allocated a budget of Rs. 75,000 crore for this scheme, which is expected to benefit around 14 crore farmers across the country.

Under the PM Kisan Samman Nidhi Yojana, farmers who own up to 2 hectares of land are eligible to receive financial assistance. The scheme is applicable to all farmers irrespective of their socio-economic status.

To avail the benefits of this scheme, farmers need to register themselves by providing their Aadhaar number, bank account details, and other relevant information. The registration process is available online, and farmers can also register themselves at the Common Service Centres (CSCs).

The first instalment of Rs. 2,000 was released to the farmers in February 2019, followed by the second instalment in August 2019, and the third instalment in February 2020. The fourth instalment was released in April 2020, and the fifth instalment was released in August 2020. The sixth instalment was released in August 2021.

The PM Kisan Samman Nidhi Yojana has been a significant boost for the farmers, especially during the COVID-19 pandemic, when they faced several challenges relating to disruptions in the supply chain and logistics. This scheme has helped the farmers to meet their financial needs and ensure the continuity of their farming activities.

To conclude, the PM Kisan Samman Nidhi Yojana has been a significant step towards the welfare of farmers in the country. This scheme has helped the farmers to improve their livelihoods and contribute to the growth of the agriculture sector in the country.

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